Subway to install MasterCard’s PayPass contactless payment system

By Marianne Wilson

Purchase, N.Y. -- MasterCard Worldwide announced that Subway, the nation’s largest sandwich chain, will accept MasterCard’s PayPass contactless payments at more than 7,000 U.S. locations by the end of first quarter 2012.

Consumers will now have the option of paying for their meal by simply tapping a MasterCard PayPass-enabled card or device at the register. PayPass does not require customers to sign receipts for purchases under $50.

“Our fans are accustomed to having choices when they walk through our doors,” said Tony Pace, senior VP and global chief marketing officer, Subway franchisee advertising fund. “Now with MasterCard PayPass, they'll have another payment choice that is convenient and easy to use."